Cost of Living: Russell springs, KY vs Madisonville, TX
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Russell springs | Madisonville |
|---|---|---|
| Housing Index | 85.0 | 85.0 |
| Median Home Price | $150,000 | $204,000 |
| Average Rent (2 BR Apartment) | $800 | $880 |
| Average Rent (2 BR House) | $850 | $850 |
Housing Comparison: Russell springs vs Madisonville
- The median home price in Madisonville is higher at $204,000, compared to $150,000 in Russell springs.
- In Madisonville, the rental for a two-bedroom apartment stands at $880, while it is $800 in Russell springs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Russell springs | Madisonville |
|---|---|---|
| Electricity Price | $12.87 | $14.47 |
| Natural Gas Price | $22.78 | $26.29 |
| Other Utilities | $200 | $200 |
Utilities Comparison: Russell springs vs Madisonville
- Madisonville has higher electricity costs at $14.47 per kWh, versus $12.87 in Russell springs.
- Madisonville experiences higher natural gas costs at $26.29 per unit, with costs at $22.78 in Russell springs.
- Utility expenses are equal in both Russell springs and Madisonville averaging $200.